If you thought that the cost of living is too high in the USA and that you would never be able to afford a property here, you are mistaken. Here is a list of cheap places in the US, where you can buy a home and surprise yourself!
1. Washington, DC
Surprised to see the American capital in this list? So are we! Though it is one of the highest cost of living areas in the US, it figures in this list, because the median total income (average income) of people who are living in own or rented properties in this area is a whopping $95000, making it one of the richer cities in the US.
Located at just about 10miles from the more famous Cleveland, Ohio is home to many banks and commercial establishments. It is also quite an affordable area as the average price of a four-bedroom home here comes to about $110,000, which is cheaper than most of the cities in the world.
3. Detroit, Michigan
Due to severe economic crisis and bankruptcy filing incident during 2013, Detroit has lost its original charm. Today, the city has lost most of its business propositions, which makes it one of the best places to invest in real estate. On an average, the price of a home is available for as low as $39100 only.
4. Charlotte, North Carolina
Only 26% of the average salary of people is spent on housing costs in this city, which only goes on to say that the cost of living is quite reasonable here. Many residents from others parts of the US have been migrating to Charlotte for this reason.
5. Zion, III
If you want to buy a property in a serene, poetic and historic place, Zion, 111, on the Michigan Lake, is the right choice for you. For just about $107,000, you will get a decent four bedroom house here. What more do you want than a house of your own amidst natural extravaganza?
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